RENTAL NETWORK NORWAY AS

1284 OSLO

Finances

Share Ownership

Return on Equity

−14,47 %

Current Ratio

1,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	12 000	0	0	155 000
Net Income	−11 000	−20 000	−28 000	15 000
Total Assets	329 000	377 000	396 000	435 000
Total Equity	76 000	87 000	107 000	135 000

Income (NOK)	2022	2021	2020	2019
Revenue	12 000	0	0	155 000
Expenditure	23 000	19 000	28 000	141 000
Operating Profit	−11 000	−20 000	−28 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Earnings Before Tax	−11 000	−20 000	−28 000	15 000
Tax	0	0	0	0
Net Income	−11 000	−20 000	−28 000	15 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	32 000	45 000	65 000	92 000
Total Current Assets	297 000	331 000	332 000	342 000
Total Assets	329 000	377 000	396 000	435 000
Total Retained Equity	57 000	68 000	88 000	116 000
Total Equity	76 000	87 000	107 000	135 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	253 000	290 000	290 000	300 000
Total Equity and Debt	329 000	377 000	396 000	435 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	155 000
Other Income	12 000	0	0	0
Revenue	12 000	0	0	155 000
Cost of Goods Sold	0	0	0	100 000
Salary Costs	0	0	0	0
Depreciation	14 000	19 000	28 000	40 000
Impairment	0	0	0	0
Expenditure	23 000	19 000	28 000	141 000
Operating Profit	−11 000	−20 000	−28 000	15 000
Financial Income	0	0	0	0
Financial Costs	0	0	0	0
Financial Balance	0	0	0	0
Dividends	0	0	0	0
Net Income	−11 000	−20 000	−28 000	15 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	32 000	45 000	65 000	92 000
Total Tangible Assets	32 000	45 000	65 000	92 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	32 000	45 000	65 000	92 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	4 000	4 000	3 000
Total Current Assets	297 000	331 000	332 000	342 000
Total Assets	329 000	377 000	396 000	435 000
Total Equity	76 000	87 000	107 000	135 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	131 000	242 000	242 000	242 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	121 000	48 000	48 000	58 000
Total Current Debt	253 000	290 000	290 000	300 000
Total Equity and Debt	329 000	377 000	396 000	435 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−14,47 %	−22,99 %	−26,17 %	11,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−91,67 %	-	-	9,68 %
Current Ratio	1,17	1,14	1,14	1,14
Quick Ratio	1,17	1,14	1,14	1,14
Equity Ratio	0,23	0,23	0,27	0,31
Gross Profit Margin	100 %	-	-	35,48 %